The Uttar Pradesh stamp and registration department has revealed thatAyodhyasaw a rise of over 30% in registrations over the previous year as land deals have reportedly shot up since the construction of theRam Templebegan.
Data shows that in 2021-22, Ayodhya saw a collection of Rs 10,141 crore as stamp duty and registration fees as against Rs 7,602 crore in 2020-21, a rise of 33%. Ayodhya is one of more such areas where we have seen stamp duty collections rise over the past year.
Besides, the department has seen its revenue rise by 20% in 2021-22 over the previous year, collecting close to 80% of the targeted revenue. The rise, say officials, can be attributed to government schemes like development of industrial corridors, Jewar airport etc.